Thread regarding ExxonMobil Corp. layoffs

So, you've been NSIed now what?

I have been thinking about what I'm going to do if I an NSIed this year. With tens of thousands of loyal employees laid off through the performance assessment excuse in the last four years or because they were fed up and just resigned, there are not many of us left even with the new hires. Chances of being NSIed this year and in future years are very very high. I've heard about the PIP but I'm so tired of this toxic environment that I just want to leave and start somewhere else even at a lower salary. I've just had it. I've heard there there is another option for employees that are NSIed which is just take the money, turn in your laptop and be gone. What is the name of this option? Payment something I think. Do you know the name? For those of you that have gone through this painful experience please give me details. Don't be shy. Tell it how it is. Here are some things I want to know.

From the moment you are NSIed, how much time do you have to choose between the PIP and the payment option?

How is the payment option calculated? I know the PIP is three months. Is the payment option three months of pay? How long does it take for Exxon to deposit the money in your account? How is it taxed?

How about the lump sum for the pension? How does that work? And, how long does it take for Exxon to send you the check? I guess it's a check and Exxon mails it to your home address, right? Or does it just roll over directly to an IRA? Same question with the Savings Plan.

When do benefits end?

What are the problems that you encountered once you left the company? Does Exxon keep contacting you for any reason even after you have disconnected from it in all ways?

Please, tell us so we can make an informed decision. And good luck to you all.

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| 2674 views | | 12 replies (last April 18, 2023) | Reply
Post ID: @OP+1maR6uK5

12 replies (most recent on top)

@2rof+1maR6uK5 Not correct. From the time you are notified of NSI and presented with option of PIP or PIL, there’s ~4 weeks to decide. At least there was in 2021. This gives an employee sufficient time to consult with financial planners (etc.) and weigh options. There is a drop-dead date when you need to let EM know what you’re doing. The PIP and PIL are both 3-months and start / end on a specific date. In my case, I received NSI news on 7/26/21. Had until approximately 8/17/21 to decide. I opted for the PIL which went in to effect from around 8/24/21 through 11/24/21. During which time I continued to receive a paycheck every two weeks as if nothing had happened; it stopped the day BEFORE Thanksgiving. Had I taken the PIP, it would have started and ended around the same time, from what I recall. At the end of it - either I pass and still have a job, or fail and am terminated. I wasn’t going to give a brand new manager who I’d just met, that kind of control over my life, so I left.

There is NO WAY you are going to “game the system” with a PIL. Maybe with a PIP, but with the PIL, you sign the papers and that’s it.

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Post ID: @2exc+1maR6uK5

What you’re asking about is called the PIL, like the first response mentions.

A fun set of ideas for you: on your first NSI if you’re not retirement eligible you’ll likely be given the choice of PIP or PIL. You have 5 or 7 days, I don’t remember, to make the decision on which you’ll take. Wait for the last day to decide - this gives you a week of free pay while you stew.

If you choose the PIL, depending on how long it takes your manager to write it, you could collect a paycheck for a few months and then another 6 months after the PIL starts. If you don’t want to stay at EM then use that time to apply elsewhere and do the bare minimum. EM doesn’t like to fire people. It’s a long, paper intensive process requiring HR and legal that no one wants to do. You’ll know they’re working onto fire you if you get a warning letter written by legal from your manager and you start noticing a paper trail. If you don’t get that keep collecting your paycheck. If you choose the PIL then find a new job in that 3-month period where you’re getting paid and have insurance through EM.

If you pass the PIP you’ll likely be NSId again the next year. No big deal. Wash and repeat. The third CONSECUTIVE year of NSI is when you no longer get the PIP option, just the PIL. By that time you’ve made 2.5 years of salary with minimum effort.

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Post ID: @2rof+1maR6uK5

@OP+1maR6uK5, if you are NSI'd, best to bend over and grab your ankle or someone else's ankle (depending on which way you swing these days) and deposit a going away gift just like the one you were given by these turds.

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Post ID: @1xps+1maR6uK5

Not sure if this link still works because I took the PIL (retired at 54 years old) last year, but goto/usmlrp spells out the details.

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Post ID: @1whe+1maR6uK5

@OP Easy. Move on.

Do you guys need a quantum super computer to figure this put? You hate your job, your job hates you. Your choices are to bend reality to your will or go elsewhere. Choose wisely.

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Post ID: @1dar+1maR6uK5

@1pjl+1maR6uK5 You must have a raging case of peach fuzz itch.

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Post ID: @1sfp+1maR6uK5

Dude stfu, only people left on this site are prepubescent little ****s, grow tf up. Kids have nothing better to do

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Post ID: @1pjl+1maR6uK5

Word of advice, unless you are really sure that you will fall all the way to NSI, I would tell your supervisor before they go to your assessment meeting that you are likely going to quit and are willing to take one for the team with the NSI. They will be happy to oblige you as they are trying desperately to fill those spots and this will save a teammate. But be deliberate about it as falling in Good or just Needs Improvement won’t cut it for your plans.

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Post ID: @1xdd+1maR6uK5

The first respondent to your thread is the only answer you need.
Very kind and thoughtful response.

Me, on the other hand, am still quite bitter - even though I was retirement eligible and came out better monetarily probably.

I try at every opportunity to bring my former benefactor to its knees.
No mercy from me. Cause none was given.
I will succeed.

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Post ID: @mid+1maR6uK5

To be honest, answers to all the questions that you asked are "publicly" available within ExxonMobil. If you don't trust the company intranet and/or departments (even though, indeed, no matter what other people say, there is no need for ExxonMobil to lie to you for the processes, compensation for PIP/PIL/NSI, pension and termination), you can easily consult a good financial planner and/or career coach to guide you to the next step.

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Post ID: @xwd+1maR6uK5

@tda+1maR6uK5 Word! Don’t waste your one crack at life with this toxic he-l hole.

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Post ID: @hvn+1maR6uK5

If you’re NSI’d, you have the option of the PIP, or the PIL. PIL = Payment in Lieu. You sign some documents and take a 3-month severance. During that time, you have all your benefits - but they terminate @ the end of three months. You receive whatever vacation you have as lump sum payment. A few months after that, if eligible, you can receive your pension as a lump sum which can be rolled in to your 401k.

XOM was toxic when I took the PIL and left in 2021. Although they tried to encourage me to stay, I could never trust management again after they blindsided me with an NSI after 22 years with the company, a few weeks after my 51st birthday. From what I can tell, it’s largely the same demoralizing environment these days, with an increasing fear of things being offshored.

Taking that leap of faith and jumping ship from XOM was terrifying at first, but I’m so grateful not to be there anymore. While I don’t make quite as much money as I did at XOM (yet!), and my benefits aren’t as “robust” - I make a comfortable living and am able to support my family. My new employer values and recognizes me and doesn’t beat me down in the name of “employee development.”

I’m grateful for all that I learned at XOM, including most of all, how important it is to know YOUR worth. My overall quality of life and mental health have soared since I left. The only reason I drop by this page every so often, is to offer some support and hope to people that like me, maybe feel scared and stuck. Don’t let the golden handcuffs paralyze you - own your career.

There ARE other options out there and if you have the courage and tenacity to go after them - you won’t only survive - but will thrive. Carpe Diem. ✌️

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Post ID: @tda+1maR6uK5

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